Offering Free Investment & Investor Due Diligence Service

For the last few years, I've been researching and reporting on, clowns, scammers, schemers, and scumbags. I've been doing due diligence for investors and founders seeking investments. Sometimes it's as simple as a google search, sometimes, it's a tip from a source, and sometimes, I have to reach out to my sources.  My due diligence has uncovered: Clowns - The Incompetent Imbelishers Paul Singh Evan Burfield Jonathon Perrelli Jason Feimster Alexandra Stanton Crooks - The Guys Who Should Be Locked Up Danny Boice Jen Mellon Andy Powers Ram Reddy Matthew Pugsley In the course of my day, I do research to promote my blog which promotes my business. The blog is designed to gain an audience and demonstrate how I apply knowledge, experience, and critical thinking to work with my coaching clients. Readers frequently send me notes of: thanks from those I've helped from getting in trouble - Before the Fact requests for help from those that have been damaged - After the Fact tips from those who want to put bad actors on my radar screen - Tips Here are just a few examples: Before the Fact Glen, thank you for your due diligence on Jason Feimster. I found him on Veterati and...

This Year in DCTech – 2018 edition

It's that time again. Time to review all the tremendous accomplishments of the most dynamic tech ecosystem south of Columbia Md, North of Springfield VA,  East of Gaithersburg MD and west of Annapolis. Yes, DCTech we're number 1 out of any city in the world with our exact lat/long coordinates! Yea us! Go Team DC! So let's get right to it. January - Was Action Packed!!!! Amazon Will Change Everything - Amazon announced they would hold a beauty contest to determine which town they will destroy by overloading local infrastructure, straining the already huge employment talent gap by bringing 50,000 new jobs parked in Amazon HQ2. DC is one of the "lucky" cities to make the short list (see post). Boice Is The Champion - Danny Boice wins the coveted Worst Wolf of Startupland Title. Making Shit Happen (As Long as Nothing Happening is the Definition of Happening) - Lots of good news from Jonathon Perrelli and LifeFuels...

Ram Reddy Master Criminal with Andy Powers

Ram Reddy, who is this guy? When I published the post, The Startup DCTech Crime Family, I was surprised by the pushback on naming Ram Reddy the Godfather. Reddy has spent a long time creating the image of a legitimate businessman. Since that post, additional information, a civil lawsuit confirms my suspicions. The suit (see link Clique - Donahue v. Communiclique - Complaint) seeks actual and punitive damages and alleges constructive fraud in the inducement in the purchase and acquisition of stock in CommuniClique (dba CliqueAPI), alleging Ram Reddy and Andy Powers defrauded the plaintiff. For some inexplicable reason, the suit fails to name the company's former CFO, Tim Lee. The suit alleges that since 2006, Communiclique (DBA CliqueAPI) raised $23 million in equity through the offer and sale of stock shares to about 90 investors. The plaintiff alleges that Andy Powers, the CEO of the criminal enterprise CliqueAPI, posited that the company would end 2016 with revenue between $120 to $125 million. Powers claimed key customer wins included Uber, FedEx, Wilmer Hale, and Airbnb. Powers and by implication, Chairman of the Board member Ram Reddy and CFO Tim Lee reported 2015 revenue in excess of $71 million. While in fact, the...

Driven Forward DCTech 2019 Gift Calendar

What's the perfect holiday gift for DCTech Startup Fans? It's the Mr Cranky, 2019 Gift Calendar! Feel free to print this out and make your own or if you prefer, you can contact me and order your officially printed version. Printed, bound and sent to your address for just $19.99. Want to order one, contact me here. Tell me how many you want and I'll be in touch. Remember, if you'd like one, contact me here!...

Andy Powers – Friend of Danny Boice & Fellow Criminal

On March 16, 2018, the Commonwealth of Virginia's State Corporation Commision (SCC) filed against Andrew Brent Powers (AKA Andy Powers) and his company Comunniclique (DBA CliqueAPI) alleging multiple violations of the Virginia Securities Act. On July 13 of that year, the courts found Andy Powers guilty of 108 violations of the Act. Powers was also was found guilty of failing to respond to a subpoena.  That basically means he's on the run and did not appear to defend himself. Originally CliqueAPI and Powers mounted an aggressive defense and then in April, Power's Attornies, The Aegis Law Group, filed (see filing) that they were withdrawing from counsel on this case. Did Powers run out of money to pay for representation or were his attorney's alarmed that he was not acting in good faith? It seems like from that time, Andy was non-responsive to the case. According to court records, Tom Bayly, a senior investigator with the SCC, Division of Securities and Retail Franchising testified that the Division received a complaint in the fall of 2016 from the accountant of one of  CommuniClique's (AKA Clique and Clique API) investors regarding several irregularities. Subsequent investigations found that Powers was reporting to prospective and existing investors in CommuniClique, that...